1. Launched perpetual contract grayscale, and supported One-way position mode and Hedge position mode at the same time;
2. Launched the new version of WEB wallet and adjusted the menu navigation according to users' habits;
3. Optimized the APP K line display and caching mechanism, and added the real-time price;
4. Supported users to participate Yubibao Demand Deposit products on APP;
5. Updated password specifications, deposit and withdrawal records and other details;
6. Added editing function to API;
7. Listed UFC and DSF.
1. Completed 「LBK Thursday GO」 20% off Special Sale of USDT with a total amount of 6,943,649.719 LBK equivalent to 50,000 USDT.
· Burned 6,943,649.719 LBK.
· Burning Txn Hash:
· A total of 6,943,649.719LBK was burned.
* Click "LBK Burning Address" to view the LBK burning history.
2. Completed 2cycles of BTC mining rewards settlement of LBK Cloud-Hashrate from June 15 to June 28, with a total mining rewards of 0.5773824 BTC.
3. Completed “ELAMA Net-buying Contest” event with a total reward of 420,000 ELAMA equivalent to 105,000 USDT.
4. Launched FO Demand Deposit with an annualized yield of 10%.
5. Launched UFCDemand Deposit with an annualized yield of 30%.
6. Launched DSFDemand Deposit with an annualized yield of 30%.
7. There is a total of 10 quantitative trading products. During the period from June 13 to June 28, with a total net worth increased by 1.95%.
USDT Fixed Income Product is the fastest growing product in net worth, and the net worth increased by 0.68% in half a month. As of June 27, USDT Fixed Annual Yield products has expired, with a total quota of 500,000 USDT and a total revenue of 13,300 USDT.
8. From June 15 to June 28, 2020, the income of total transaction fee is 201305.44USDT. The community node released 2times, at a release rate of 20%.
From June 15 to June 21, 2020, the total community nodes is 27 and the transaction fees of the nodes is 100,278.25 USDT. Weekly total amount of node release is 3,457,870.69 LBK and the release price of LBK is 0.0058 USDT/LBK which is equivalent to 20,055.65 USDT.
From June 22 to June 28 the total community nodes is 27 and the transaction fees of the nodes is 101,027.19 USDT. Weekly total amount of node release is 3,812,346.792 LBK and the release price of LBK is 0.0053 USDT/LBK which is equivalent to 20,205.438 USDT.
From June 16 to June 30, user’s weekly lockup release is 38,558,521.27 LBK. The price of LBK during the release is 0.0054 USDT/LBK, which is equivalent to 208,216.01 USDT.
Note: The transaction fees of the node are released week by week.
The LBK lock quantity in this half month is 289,575,247.72 LBK. Click "LBK lock address" to see the LBK lock quantity details.
Launched the 31st phase (06.08-06.14), the 32nd phase (06.15-06.21) and the 33rd phase (06.22-06.28) of LBK “You Propose, We’ll Change” activity. A total of 6 users’ feedback have been announced and will be solved within this month. During the half month report announcement, LBank is collecting the users’ feedback for the 34th phase.
LBK Quotation Summary
From June 16 to June 30, LBK price reached the highest point of 0.0064 USDT on June 16, slowly declined to 0.0047 USDT at the end of the month, the trend of the previous period happened to coincide. Despite the price is low, 26.5% of the half-moon amplitude still makes LBK an investment choice for many strategies.
In terms of volume, due to the warming of the epidemic, the cumulative volume of LBK in this period is about 250M, which is less active than that in the previous period.
Technically, according to the recent three bi-weekly reports, LBK rebounded continuously to different degrees after hitting the bottom of 0.0046 USDT for three times. Now, it has formed a shock-tightening pattern, with the overall range from 0.0046 USDT to 0.0074 USDT. 0.0046 USDT can be considered as the bottom of the long-term support level, while the upper level is 0.0065 USDT. Users are advised to wait and see, beware of false breakthrough signals.
The 20% discount sales activity launched since June 18 has supported the pressure of the high (0.0064 USDT) callback in the short term. In the later period, users can continue to pay attention to the official announcement.
In terms of the LBK and LBK-L, after several weeks of intense game, the strong performance of LBK-L has indeed provided sufficient confidence for spot to stop the decline. The price gap between the two sides narrowed to less than 5% in this period. The gradual convergence of fear and hope made the price of both sides no longer produce drastic fluctuations.